If you're in the market for Life Insurance quotes, you may find there's no time like the present to get started.

A recent report in the Asheville (NC) Citizen-Times reminds consumers that there are a number of widely-held assumptions when it comes to life insurance that don't necessarily work in their best interest.

For example, consumers are warned that they may not always have the option to buy life insurance later in life because they could end up developing health problems that make them ineligible for coverage, or only eligible for a much more expensive policy.

The report also advises consumers to have insurance at all stages in life, even if they don't currently have a spouse or children. It reminds them that both spouses should carry insurance, and that coverage helps ease the stress of surviving family members as they handle funeral arrangements.

One widely-cited piece of advice for consumers when it comes to life insurance is that they should be insured for about seven times their annual salary. However, this wisdom depends on life situation and should be discussed thoroughly with a qualified life insurance agent before policy purchase.

With these things in mind, getting life insurance quotes and advice may help provide your family with peace of mind in the long term.